The S&P broke out to new all time highs Thursday in the wake of the Fed’s 50 basis point cut to the Federal Funds Rate on Wednesday. While it is consolidating a bit today (Friday), as long as it...
Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions 24Q2 Y/Y earnings are expected to be 13.0%. Excluding the energy sector, the Y/Y earnings estimate is 13.8%. Of the 499 compani...
US economic activity remains on track to post a softer but still-solid growth rate in next month’s official GDP report for the third quarter. The analysis is based on the median estimate from severa...
The United States has just set two new world records: one for its debt, the other for its deficit.Let’s begin by analyzing the country’s latest debt figures.Total U.S. debt (public and pri...
Image Source: Pexels Friday saw a dip in UK equities while the British pound strengthened. However, the stock index was expected to post weekly gains due to an increase in global risk appetite follow...
Image Source: Unsplash For a good portion of my life, I avoided taking vacation days on the third Friday of a month.Options expired on a monthly basis, typically on those third Fridays, and the conce...
Image Source: Pexels Solana (SOL) has surged by over 5% today, hitting a high of $151.54, following significant announcements made during the Solana Breakpoint 2024 event, which just kicked off in ...
The Bank of Japan unanimously decided to keep its policy rate unchanged at 0.25%. Amid growing confidence in achieving its sustainable inflation target, the BoJ will closely watch the impact of FX mov...
The USD/JPY price analysis shows the yen crashing after the Bank of Japan policy meeting. Although the central bank held rates as expected, Governor Ueda refrained from giving clear guidance on rate h...